AXT INC — Director's Dealing 2006

May 11, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AXT INC (AXTI)
CIK: 0001051627
Period of Report: 2006-05-11

Reporting Person: YOUNG MORRIS S (Director, Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-05-11	Common Stock	S	100	$4.42	Disposed	1368171	Direct
2006-05-11	Common Stock	S	34900	$4.41	Disposed	1333271	Direct